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Obama Vacation HomeObama Vacation HomeFor their latest summer vacation on Martha's Vineyard, the first family is staying at a property owned by David Schulte, a Chicago-based corporate restructuring specialist and friend of the president. (Credit: Bob Gothard/Vineyard Gazette)

Obama Vacation HomeObama Vacation HomePresident Obama is reportedly looking forward to some recreation reading during his vacation. This study in his Chilmark vacation home is a perfect spot to crack open a book. (Credit: Bob Gothard/Vineyard Gazette)

Obama Vacation HomeObama Vacation HomeThe Obama's vacation home on Martha's Vineyard is set on 9.5 well-groomed acres of land in Chilmark. (Credit: Bob Gothard/Vineyard Gazette)

Obama Vacation HomeObama Vacation HomePresident Obama and the rest of the first family are staying at the Chilmark home of Chicago-based corporate restructuring specialist David Schulte.